COMPANY RESULT: NORTHERN TELECOM LTD

Northern Telecom Ltd saw fourth quarter net profits up 27.6% at $319.0m on revenue up 19.8% at $4.19bn; net profits for the year to December 31 were up 31.7% at $623.0m on revenue that rose 20.4% to $12.85bn. Per share rose 25.5% to $1.23 in the quarter, 29.7% to $2.40 in the year. The Canadian […]

Northern Telecom Ltd saw fourth quarter net profits up 27.6% at $319.0m on revenue up 19.8% at $4.19bn; net profits for the year to December 31 were up 31.7% at $623.0m on revenue that rose 20.4% to $12.85bn. Per share rose 25.5% to $1.23 in the quarter, 29.7% to $2.40 in the year. The Canadian company reports its figures in US dollars.